B2B Startups in Africa
Overview Powered by AI
B2B is heating up in West Africa, with a mix of local and international players vying for market share. Thunes is focusing on cross-border payments, while TradeDepot and Sabi target domestic distribution. Local business leaders are excited about the potential of B2B to streamline supply chains and reduce costs, but they are also cautious about the challenges, including infrastructure gaps and a lack of trust.
Cummulative Funding
$276.5M+
Total # of Companies
30
Total Deal Count
68
Total M&A Count
2
Total # of Investors
167
List of B2B startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa. | Debt Financing | $ 123,000,000 | 2015 | |
Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets. | Series B | $ 64,000,000 | 2020 | |
Remedial Health is a healthtech startup that develops solutions to make Africaβs pharmaceutical sector more efficient | Series A | $ 17,570,000 | 2019 | |
Alerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria. | Series A | $ 16,025,000 | 2019 | |
WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation. | Venture | $ 13,000,000 | 2016 | |
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere | Series A | $ 12,250,000 | 2017 | |
Waza is Nigerian FinTech startup that makes it easy for Africans to make global B2B payments. | Debt Financing | $ 8,620,000 | 2023 | |
Duplo is modernizing payments for B2B companies in Africa. | Seed | $ 5,600,000 | 2021 | |
Eze is a B2B wholesale marketplace for smartphones, laptops, tablets, and other electronics. | Seed | $ 4,150,000 | 2018 | |
BetaStore is a B2B marketplace platform solving the challenges of restocking and financing for neighborhood retailers. | Seed | $ 3,200,000 | 2020 | |
Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home, | Seed | $ 2,815,000 | 2023 | |
Infibranches is a Nigerian company with expertise in Product Development, Business value chain and Agent Network Management Services. | Seed | $ 2,000,000 | 2019 | |
Billboxx is a B2B SaaS developed to automate and simplify billing to payment workflow for businesses. | Pre-seed | $ 1,800,000 | 2023 | |
Simpu creates the simplest, most intuitive super app for running a business. | Pre-seed | $ 1,000,000 | 2019 | |
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment. | Funding Round | $ 850,000 | 2018 | |
GetFundedAfrica is a platform that uses media and technology to assist entrepreneurs across Africa in finding funding | Pre-seed | $ 180,000 | 2020 | |
Rise App is a platform created to bridge the gap between service providers and their end-users | Pre-seed | $ 150,000 | 2019 | |
Suplias is a Nigerian B2B marketplace for mom and pop stores. | Funding Round | $ 125,000 | 2020 | |
Jand2Gidi built shipping APIs to provide hassle-free, transparent, and trackable shipping services to their B2B merchants to enable them grow faster. | Pre-seed | $ 120,000 | 2013 | |
Flex is the leading budget and expense management platform for all businesses. | Grant | $ 100,000 | 2019 |
Founded
2015
Overview
TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa.
Last round
Debt Financing
Total raised
$ 123,000,000
Employee
51-200
Founded
2020
Overview
Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets.
Last round
Series B
Total raised
$ 64,000,000
Employee
51-200
Founded
2019
Overview
Remedial Health is a healthtech startup that develops solutions to make Africaβs pharmaceutical sector more efficient
Last round
Series A
Total raised
$ 17,570,000
Employee
11-50
Founded
2019
Overview
Alerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria.
Last round
Series A
Total raised
$ 16,025,000
Employee
501-1,000
Founded
2016
Overview
WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation.
Last round
Venture
Total raised
$ 13,000,000
Employee
51-200
Founded
2017
Overview
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere
Last round
Series A
Total raised
$ 12,250,000
Employee
11-50
Founded
2023
Overview
Waza is Nigerian FinTech startup that makes it easy for Africans to make global B2B payments.
Last round
Debt Financing
Total raised
$ 8,620,000
Employee
2-10
Founded
2021
Overview
Duplo is modernizing payments for B2B companies in Africa.
Last round
Seed
Total raised
$ 5,600,000
Employee
2-10
Founded
2018
Overview
Eze is a B2B wholesale marketplace for smartphones, laptops, tablets, and other electronics.
Last round
Seed
Total raised
$ 4,150,000
Employee
11-50
Founded
2020
Overview
BetaStore is a B2B marketplace platform solving the challenges of restocking and financing for neighborhood retailers.
Last round
Seed
Total raised
$ 3,200,000
Employee
51-200
Founded
2023
Overview
Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home,
Last round
Seed
Total raised
$ 2,815,000
Employee
11-50
Founded
2019
Overview
Infibranches is a Nigerian company with expertise in Product Development, Business value chain and Agent Network Management Services.
Last round
Seed
Total raised
$ 2,000,000
Employee
11-50
Founded
2023
Overview
Billboxx is a B2B SaaS developed to automate and simplify billing to payment workflow for businesses.
Last round
Pre-seed
Total raised
$ 1,800,000
Employee
2-10
Founded
2019
Overview
Simpu creates the simplest, most intuitive super app for running a business.
Last round
Pre-seed
Total raised
$ 1,000,000
Employee
11-50
Founded
2018
Overview
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.
Last round
Funding Round
Total raised
$ 850,000
Employee
2-10
Founded
2020
Overview
GetFundedAfrica is a platform that uses media and technology to assist entrepreneurs across Africa in finding funding
Last round
Pre-seed
Total raised
$ 180,000
Employee
2-10
Founded
2019
Overview
Rise App is a platform created to bridge the gap between service providers and their end-users
Last round
Pre-seed
Total raised
$ 150,000
Employee
11-50
Founded
2020
Overview
Suplias is a Nigerian B2B marketplace for mom and pop stores.
Last round
Funding Round
Total raised
$ 125,000
Employee
2-10
Founded
2013
Overview
Jand2Gidi built shipping APIs to provide hassle-free, transparent, and trackable shipping services to their B2B merchants to enable them grow faster.
Last round
Pre-seed
Total raised
$ 120,000
Employee
11-50
Founded
2019
Overview
Flex is the leading budget and expense management platform for all businesses.
Last round
Grant
Total raised
$ 100,000
Employee
1-10